Another rate hike in the works?

7:06 PM,
Jan. 10, 2014

Written by

Stewart Somerville
Solar Power

Rocky Mountain Power reportedly has asked for another 4 percent rate hike. This would add almost $4 to the average resident's monthly bill. The rate increase would take effect September this year.

That is not all the company is asking for, however. If you have solar or a wind turbine, offsetting your power bill, they want to charge you an additional $4.25 per month. It needs to pay for expansion of the Lake Side 2 natural gas power plant near Orem, new high-voltage transmission lines, and environmental upgrades required by new regulations. What is most interesting is that Rocky Mountain Power ...